Dorset Avenue, DH3
By Sell Your Tenanted Property
£ 100,000
Reviews
3 out of 5 stars
Sell Your Tenanted Property says ..
*Investment Opportunity* - 3-bed, 1-bath freehold home in Britley, DH3. Tenanted 15 years, rent increasing from £550 to £600 p/m, delivering a 7.2% gross yield at £100,000. Potential rent £650 p/m. Tenant happy to stay. Ideal for stable, hassle-free rental income!
Property Oracle says ..
The property is located in Birtley, Gateshead, Tyne and Wear. It is a 3-bedroom, 1-bathroom house listed for £100,000. Based on the provided images, the property is in fair condition, though some areas could benefit from modernisation and cleaning. The walls show some signs of wear and tear, and the bathroom and kitchen require updating. The garden is present but requires maintenance. The property’s location is reasonably convenient, with nearby schools and transportation links. However, the proximity to the A1(M) might be a factor for some buyers. Considering comparable properties in the area, and the condition and features of this property, the asking price of £100,000 seems within the reasonable range for a 3-bed property in Birtley, especially considering it is tenanted. Potential buyers should factor in the cost of necessary renovations and modernisation.
Therefore, we give this property 6 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *
- Price
- 7
- Condition
- 6
- Location
- 7
- Land
- 7
- Bedrooms
- 3
- Bathrooms
- 1
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Metrics Year-on-Year
- Average area value
- 158,416.00 £Decreased by 26.11 %
- Average area rental value
- 613.00 £/moDecreased by 49.09 %
- Est rental Yield
- 4.64 %Decreased by 31.16 %
- Crime Rate
- 14.00 %Unchanged by 0.00 %
Agent Activity
Sell Your Tenanted Property created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| Birtley Children'S Centre @ Barley Mow | Children's Centre Linked Site | 0.12 KM | |
| Barley Mow Primary School | Community School | Good | 0.27 KM |
| Portobello Primary School | Community School | Good | 0.65 KM |
| Lord Lawson Of Beamish Academy | Academy Converter | Requires improvement | 0.99 KM |
| St Joseph'S Catholic Junior School, Birtley | Academy Converter | 1.12 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| Norfolk Place | £ 0 | 0 | 0.00 KM |
| Cumberland Place | £ 153,750 | 0 | 0.00 KM |
| Bedford Avenue | £ 0 | 0 | 0.00 KM |
| North Street | £ 60,000 | 0 | 0.00 KM |
| Mount Pleasant Road | £ 0 | 0 | 0.00 KM |
Nearby Transport
| Name | NLC | TLC | Distance |
|---|---|---|---|
| Chester-Le-Street | 7736 | CLS | 3.36 KM |
| Heworth | 7766 | HEW | 7.72 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| Dorset Avenue, DH3 | £ 100,000 | BUY | 6 / 10 | 0.00 KM |
| Elgin Place, Birtley, Chester Le Street, Tyne and Wear, DH3 2DW | £ 92,750 | BUY | 6 / 10 | 0.02 KM |
| Elgin Place, Birtley | £ 160,000 | BUY | 7 / 10 | 0.11 KM |
| Elgin Place, Birtley | £ 107,250 | BUY | 8 / 10 | 0.14 KM |
| Pembroke Avenue, Birtley, Chester Le Street, Tyne and Wear, DH3 | £ 110,000 | BUY | 5 / 10 | 0.19 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| 77 Dorset Avenue | £ 64,000 | 0.00 KM |
| 67 Dorset Avenue | £ 56,500 | 0.00 KM |
| 91 Dorset Avenue | £ 60,000 | 0.00 KM |
| 52 Dorset Avenue | £ 32,000 | 0.00 KM |
| 87 Dorset Avenue | £ 115,000 | 0.00 KM |